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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,772,892 $ 2,152,892
Cash reserved for users 464,854 476,950
Receivables reserved for users 55,946 51,949
Accounts receivable 48,211 45,864
Prepaid expenses and other current assets 56,562 25,675
Total current assets 2,398,465 2,753,330
Property and equipment, net 49,734 46,019
Intangible assets, net 523,023 535,017
Goodwill 615,655 615,655
Operating lease right-of-use assets 61,169 63,831
Equity method investment 7,474 9,825
Deposits and other non-current assets 90,795 45,377
Total assets 3,746,315 4,069,054
Current liabilities:    
Accounts payable and accrued expenses 379,254 387,737
Liabilities to users 520,775 528,874
Operating lease liabilities, current portion 12,911 12,814
Total current liabilities 912,940 929,425
Convertible notes, net of issuance costs 1,249,106 1,248,452
Non-current operating lease liabilities 54,457 57,341
Warrant liabilities 14,230 26,911
Long-term income tax liability 78,947 79,125
Other long-term liabilities 51,035 49,272
Total liabilities 2,360,715 2,390,526
Commitments and contingent liabilities (Note 13)
Stockholders' equity:    
Treasury stock, at cost; 7,923 and 7,130 shares as of March 31, 2022 and December 31, 2021, respectively (320,697) (306,614)
Additional paid-in capital 5,891,235 5,702,388
Accumulated deficit (4,221,507) (3,753,814)
Accumulated other comprehensive income 36,488 36,488
Total stockholders’ equity 1,385,600 1,678,528
Total liabilities and stockholders’ equity 3,746,315 4,069,054
Class A Common Stock    
Stockholders' equity:    
Common stock 42 41
Class B Common Stock    
Stockholders' equity:    
Common stock $ 39 $ 39